Income inequality undermines growth

New OECD research suggests that widening inequality is indeed undermining growth. Evidence like this will fuel calls to review the tax contribution of wealthier households to ensure we are more effectively redistributing the benefits of growth to the middle and lower classes and promoting equal opportunities in education and health. Without concerted political action, the gap between the rich and poor will grow even wider in the years ahead.

See http://www.oecd.org/social/inequality...

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